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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #2,121
  • Jul 23, 2013 10:45pm Jul 23, 2013 10:45pm
Quoting maximinus
{quote} Ok, so have a good laughing session http://www.youtube.com/watch?v=KxHGJMy8KFg


  • #2,122
  • Jul 23, 2013 10:50pm Jul 23, 2013 10:50pm
Finally for today, maybe.

eur/usd M15
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,123
  • Jul 23, 2013 11:41pm Jul 23, 2013 11:41pm
Good morning.
Wherever you go, there you are.
  • #2,124
  • Jul 23, 2013 11:45pm Jul 23, 2013 11:45pm
Quoting godim
Finally for today, maybe. eur/usd M15 {image}

hmmm, on 1h chart we can see now an either completed or soon to be completed impulse.


Question:

a) end of bullish move?

b) or larger correction?
  • #2,125
  • Jul 23, 2013 11:57pm Jul 23, 2013 11:57pm
Quoting infinitus
{quote} hmmm, on 1h chart we can see now an either completed or soon to be completed impulse. Question: a) end of bullish move? b) or larger correction?
That depends on the EZ PMIs starting in about 5 minutes

Good morning Markus
Those who say it cannot be done should not interrupt those who are doing it
  • #2,126
  • Jul 23, 2013 11:59pm Jul 23, 2013 11:59pm
Quoting infinitus
{quote} hmmm, on 1h chart we can see now an either completed or soon to be completed impulse. Question: a) end of bullish move? b) or larger correction?
I have only good intentions.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,127
  • Jul 24, 2013 12:12am Jul 24, 2013 12:12am
waiting for the other news in 18 minutes
Wherever you go, there you are.
  • #2,128
  • Jul 24, 2013 12:20am Jul 24, 2013 12:20am
gbp/usd H4

targets 5404 and 5419?

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Edit: When identical "to pip" provides certainty :nerd:
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,129
  • Jul 24, 2013 12:25am Jul 24, 2013 12:25am
Quoting godim
gbp/usd H4 targets 5404 and 5419? {image}
still has to go through 5389
Wherever you go, there you are.
  • #2,130
  • Jul 24, 2013 12:29am Jul 24, 2013 12:29am
Quoting PipTrapper
{quote} That depends on the EZ PMIs starting in about 5 minutes Good morning Markus
and now you have your answer. Up, up and awayyyyy LOL
Those who say it cannot be done should not interrupt those who are doing it
  • #2,131
  • Jul 24, 2013 12:44am Jul 24, 2013 12:44am
Quoting milam
{quote} still has to go through 5389
5389 what time is concerned. Or static resistance. Show resistance. Give chart.

For me it was the resistance level before 4 H4 bars.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,132
  • Jul 24, 2013 12:53am Jul 24, 2013 12:53am
Price will reach a very delicate area.
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,133
  • Jul 24, 2013 12:55am Jul 24, 2013 12:55am
Quoting godim
{quote} 5389 what time is concerned. Or static resistance. Show resistance. Give chart. For me it was the resistance level before 4 H4 bars.
it got 53896 and down, will it hold? I do not know. support 5367.
Wherever you go, there you are.
  • #2,134
  • Jul 24, 2013 12:59am Jul 24, 2013 12:59am
#EURUSD

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My blog: magchart.blogspot
  • #2,135
  • Jul 24, 2013 1:02am Jul 24, 2013 1:02am
3240 critical for eu, lets see
Wherever you go, there you are.
  • #2,136
  • Jul 24, 2013 1:12am Jul 24, 2013 1:12am
Quoting milam
{quote} it got 53896 and down, will it hold? I do not know. support 5367.
Again, the discussion of cause and consequence. For me, the reason is the line that I drew, and the effect that has had resistance.
That was yesterday. Today, the level is 5419 atm. Support is 5344.

http://www.forexfactory.com/showthre...46#post6841046
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,137
  • Jul 24, 2013 1:14am Jul 24, 2013 1:14am
Quoting PipTrapper
{quote} For me it is very hard to allow myself to be herded into the slaughter house... So I wait like a patient bear. {image}
ok let wakeup and say a little hello to market!!!
don't predict direction, but dance with flow of water
  • #2,138
  • Jul 24, 2013 1:18am Jul 24, 2013 1:18am
Quoting godim
{quote} Again, the discussion of cause and consequence. For me, the reason is the line that I drew, and the effect that has had resistance. That was yesterday. Today, the level is 5419 atm. Support is 5344. http://www.forexfactory.com/showthre...46#post6841046
sorry godim, I only express what I perceived, I am only learning.

Chart, risked 14 pips (1%) made 30.

Reasoning: I had resistance @ 5389, Pa was confirming.
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Wherever you go, there you are.
  • #2,139
  • Jul 24, 2013 1:19am Jul 24, 2013 1:19am
Quoting godim
{quote} Again, the discussion of cause and consequence. For me, the reason is the line that I drew, and the effect that has had resistance. That was yesterday. Today, the level is 5419 atm. Support is 5344. http://www.forexfactory.com/showthre...46#post6841046
Hi godim, if I look at the PA, someone or something is trying to hold this up (1.5343 was the 55EMA and bounced off there for now). It might be setting up to trigger some buy stops above 1.5441 but its already beginning to look top heavy on the 4-hour and daily charts. If it breaks 1.5441 and buy stops are triggered, then I will expect to see you 1.5531 level to get hit rather easily.
Lost....
  • #2,140
  • Jul 24, 2013 1:32am Jul 24, 2013 1:32am
Quoting milam
{quote} Levels respected. Got stop 3 times at BE, and prices all reached the nearest swing, I am going to make same change on how I manage my sl and tp.

Bought @ resistance, confirmed by PA, risked 8 pips (1%) made 10.

I did got stopped out 5 consecutive 5 at BE in the last 2 days, with prices reaching at least the recent swing high/low as a tp, I have made nothing, but I could had made around 5 %, I did listen to others traders suggesting adaptation to the recent market and I did. Much better. Thank you.
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